ETH/BTC Bull Flag Pattern Emerges on Monthly Chart as Pair Consolidates

⬤ The ETH/BTC trading pair has caught analysts’ attention with what looks like a textbook bull flag pattern developing on the monthly timeframe. Ethereum rallied hard against Bitcoin earlier this year, creating the flagpole, and has since settled into a consolidation phase that’s trending slightly lower—forming the flag portion of the setup. The chart shows this structure clearly, with the pattern staying intact as both assets continue trading within defined boundaries.

⬤ Bull flags typically show up after sharp upward moves, followed by a period where price takes a breather and drifts sideways or slightly down. That’s exactly what’s happening with ETH/BTC right now. After the strong advance earlier in the year, the pair has been consolidating between two downward-sloping trendlines, matching the classic look of a bull flag on longer timeframes.

⬤ “The ETH/BTC chart highlights this development clearly, indicating that the pattern remains intact at this stage.” This ratio matters because it tracks Ethereum’s performance against Bitcoin directly, cutting through dollar price noise to show which asset is actually leading.

⬤ While momentum has definitely cooled off since that initial push, the technical structure still looks constructive as long as the pattern holds together. The pair continues trading inside this consolidation channel, meaning we’re still waiting to see which way it breaks. These ETH/BTC shifts often signal changing leadership between the two largest crypto assets—when Ethereum strengthens against Bitcoin, it usually means altcoins are gaining ground. With the bull flag still developing on the monthly chart, market watchers are keeping close tabs on whether this setup confirms or breaks down in the months ahead.